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Corporate Social Responsibility
News
9.08.2005 ET
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CSR News from:
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News Category:
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Akzo Nobel Listed in the Dow Jones Sustainability Indexes 2005
(CSRwire) Arnhem, the Netherlands - Akzo Nobel, the multinational
pharmaceutical, coatings and chemicals company, has been selected as a
member of the prestigious Dow Jones Sustainability Indexes, World and
Stoxx. Launched in 1999, the DJSI are the first global indexes tracking
the financial performances of the leading sustainability-driven companies
worldwide.
Commenting on the company's DJSI World membership, CEO Hans Wijers said:
"We are proud to be there. Akzo Nobel has initiated a process to create an
organization geared to meeting the demands of the future. We are convinced
that doing business in a sustainable manner, is key to our economic
success now and in the future. Social responsibility is an integral part
of our growth strategy and a cornerstone of our decision-making process".
He added: "With this listing, Akzo Nobel is being acknowledged as a leader
in the area of social responsibility. It is also a big compliment to our
62,000 employees across the globe, because through their hard work we are
continually improving our sustainability performance."
DJSI World covers the top 10 per cent of the world's biggest companies in
terms of economic, environmental and social criteria. The analysis is
based on an annual assessment of general and industry specific
sustainability criteria undertaken by the SAM Group. The indexes provide
asset managers with reliable and independent benchmarks to manage
sustainability portfolios.
The DJSI World includes more than 300 companies in 58 industry groups
across the world. The chemical sector this year covers 87 companies, of
which the best ten--including Akzo Nobel--are selected.
Akzo Nobel's 2004 Corporate Social Responsibility Report--entitled The
Path Ahead--can be found at www.azkonobel.com. For further
information about the DJSI, including a full list of member companies and
a guide to the assessment and selection process, please visit www.sustainability-indexes.com.
Safe Harbor Statement*
This press release may contain statements which address such key issues as
Akzo Nobel's growth strategy, future financial results, market positions,
product development, pharmaceutical products in the pipeline, and product
approvals. Such statements, including but not limited to the "Outlook",
should be carefully considered and it should be understood that many
factors could cause forecasted and actual results to differ from these
statements. These factors include, but are not limited to, price
fluctuations, currency fluctuations, developments in raw material and
personnel costs, pensions, physical and environmental risks, legal issues,
and legislative, fiscal, and other regulatory measures. These factors also
include changes in regulations or interpretations related to the
implementation and reporting under IFRS, decisions to apply a different
option of presentation permitted by IFRS, and various other factors
related to the implementation of IFRS, including the implementation of IAS
32 and 39 for financial instruments. Stated competitive positions are based
on management estimates supported by information provided by specialized
external agencies. For a more complete discussion of the risk factors
affecting our business please refer to our Annual Report on Form 20-F
filed with the United States Securities and Exchange Commission, a copy of
which can be found on the Company's website www.akzonobel.com.
* Pursuant to the U.S. Private Securities Litigation Reform Act 1995.
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